WORLD FINANCIAL CRISIS AND THE TREND OF REGIONALIZATION OF THE WORLD MONETARY SYSTEM
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WORLD FINANCIAL CRISIS AND THE TREND OF REGIONALIZATION OF THE WORLD MONETARY SYSTEM
Annotation
PII
S0207-36760000375-1-1
Publication type
Article
Status
Published
Edition
Pages
25-40
Abstract
Features of modern financial crisis in world economy which allow to draw a conclusion on its system character and inevitability of system changes in the world economy device are considered. One of directions of these changes is forming of interstate regional currencies which are capable to replace traditional reserve currencies as tools of preserving and a diversification of assets. As an example some problems and prospects of reforming of a zone of euro are considered.
Keywords
crisis, reserve currency, diversification of assets, an euro zone, costs of transaction, integration, nature of money, global stagflation
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